Federal Register / Vol. 89, No. 244 / Thursday, December 19, 2024 / Notices 103933 

TABLE 2A—FISCAL YEAR 2025 TAXPAYER BURDEN FOR PASS-THROUGH CORPORATIONS ON FORM 1120S—Continued 

Total positive income Average time 

(hrs.) 

Average 

out-of-pocket 

costs 

Average 

monetized 

burden 

5. >100mil .................................................................................................................................... 1,199 167,915 307,245 

TABLE 3A—FISCAL YEAR 2025 TAXPAYER BURDEN FOR PARTNERSHIPS ON FORM 1065 

Total positive income Average time 

(hrs.) 

Average 

out-of-pocket 

costs 

Average 

monetized 

burden 

1. <100k ....................................................................................................................................... 39 $1,663 $2,453 

2. 100k to 1mil ............................................................................................................................. 49 4,743 7,319 

3. 1mil to 10mil ............................................................................................................................ 86 13,803 23,334 

4. 10mil to 100mil ........................................................................................................................ 319 51,636 88,752 

5. >100mil .................................................................................................................................... 1,494 223,989 397,651 

Source: IRS: RAAS:KDA:BRDN (12–1–24). 

Detail may not add to total due to rounding. 

(Authority: 44 U.S.C. 3501 et seq.) 

Melody Braswell, 

Treasury PRA Clearance Officer. 

[FR Doc. 2024–30075 Filed 12–18–24; 8:45 am] 

BILLING CODE 4810–25–P 

DEPARTMENT OF THE TREASURY 

Revision of Information Collection 

Request Submitted for Public 

Comment; Comment Request on 

Burden Related to U.S. Income Tax 

Return Forms for Individual Taxpayers 

AGENCY: Departmental Offices, U.S. 

Department of the Treasury. 

ACTION: Notice. 

SUMMARY: The Internal Revenue Service, 

as part of its continuing effort to reduce 

paperwork and respondent burden, 

invites the public and other Federal 

agencies to take this opportunity to 

comment on proposed and/or 

continuing information collections, as 

required by the Paperwork Reduction 

Act of 1995. Currently, the IRS is 

soliciting comments concerning the 

burden associated with the U.S. Income 

Tax Return Forms for Individual 

Taxpayers. 

DATES: Comments should be received on 

or before January 21, 2025 to be assured 

of consideration. 

ADDRESSES: Written comments and 

recommendations for the proposed 

information collection should be sent 

within 30 days of publication of this 

notice to www.reginfo.gov/public/do/ 

PRAMain. Find this particular 

information collection by selecting 

‘‘Currently under 30-day Review—Open 

for Public Comments’’ or by using the 

search function. 

FOR FURTHER INFORMATION CONTACT: 

Copies of the submissions may be 

obtained from Melody Braswell by 

emailing PRA@treasury.gov, calling 

(202) 622–1035, or viewing the entire 

information collection request at 

www.reginfo.gov. 

SUPPLEMENTARY INFORMATION: 

Internal Revenue Service (IRS) 

Title: U.S. Income Tax Return for 

Individual Taxpayers. 

OMB Number: 1545–0074. 

Form Numbers: Form 1040 and 

affiliated return forms. 

Abstract: IRC sections 6011 & 6012 of 

the Internal Revenue Code require 

individuals to prepare and file income 

tax returns annually. These forms and 

related schedules are used by 

individuals to report their income 

subject to tax and compute their correct 

tax liability. This information collection 

request (ICR) covers the actual reporting 

burden associated with preparing and 

submitting the prescribed return forms, 

by individuals required to file Form 

1040 and any of its affiliated forms as 

explained in the attached table. 

Current Actions: There have also been 

changes in regulatory guidance related 

to various forms approved under this 

approval package during the past year. 

There have been additions and removals 

of forms included in this approval 

package. In filing season 2025, the 

Internal Revenue Service (IRS) will 

continue to employ its free direct e-file 

tax return system (Direct File) as an 

optional service available to taxpayers 

with supported tax situations. 

Type of Review: Revision of a 

currently approved collection. 

Affected Public: Individuals or 

Households, Farms. 

Estimated Number of Respondents: 

168,800,000. 

Estimated Time per Respondent 

(Hours): 12 hrs. 37 mins. 

Estimated Total Annual Time (Hours): 

2,129,000,000. 

Estimated Total Annual Monetized 

Time ($): 44,997,000,000. 

Estimated Out-of-Pockets Costs ($): 

48,683,000,000. 

Estimated Total Monetized Burden 

($): 93,680,000,000. 

Note: Total Monetized Burden = Total Outof-Pocket Costs + Total Annual Monetized 

Time. 

Tax Compliance Burden 

Tax compliance burden is defined as 

the time and money taxpayers spend to 

comply with their tax filing 

responsibilities. Time-related activities 

include recordkeeping, tax planning, 

gathering tax materials, learning about 

the law and what you need to do, and 

completing and submitting the return. 

Out-of-pocket costs include expenses 

such as purchasing tax software, paying 

a third-party preparer, and printing and 

postage. Tax compliance burden does 

not include a taxpayer’s tax liability, 

economic inefficiencies caused by suboptimal choices related to tax 

deductions or credits, or psychological 

costs. 


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103934 Federal Register / Vol. 89, No. 244 / Thursday, December 19, 2024 / Notices 

TABLE 1—FISCAL YEAR 2025 ESTIMATED AVERAGE TAXPAYER BURDEN FOR INDIVIDUALS FILING A 1040 BY ACTIVITY

Primary form filed or type of taxpayer Time burden Money burden 

Percentage 

of returns 

Average time burden 

(hours) 

Average 

cost 

(dollars) 

Total 

monetized 

burden 

Total time Recordkeeping (dollars) Tax 

planning 

Form 

completion 

and 

submission 

All other 

All Taxpayers ......................... 100 13 5 3 4 1 $290 $560 

Type of Taxpayer: 

Nonbusiness * ................. 71 8 3 1 3 1 160 310 

Business * ....................... 29 24 11 5 6 2 620 1,170 

Note: Detail may not add to total due to rounding. Dollars rounded to the nearest $10. 

*A ‘‘business’’ filer files one or more of the following with Form 1040: Schedule C, E, F, or Form 2106. A ‘‘nonbusiness’’ filer does not file any 

of these schedules or forms with Form 1040. 

Source: IRS:RAAS:KDA:TBL (11–25–2024). 

TABLE 2—FISCAL YEAR 2025 TAXPAYER BURDEN STATISTICS BY TOTAL POSITIVE INCOME QUINTILE

Total positive income quintiles Average time 

(hours) 

Average 

out-of-pocket 

costs 

Average total 

monetized burden 

All Filers 

0 to 20 ................................................................................................................................ 7.8 $80 $146 

20 to 40 .............................................................................................................................. 10.9 128 242 

40 to 60 .............................................................................................................................. 11.6 165 327 

60 to 80 .............................................................................................................................. 13.1 232 480 

80 to 100 ............................................................................................................................ 22.7 726 1,497 

Wage and Investment Filers 

0 to 20 ................................................................................................................................ 6.9 71 129 

20 to 40 .............................................................................................................................. 9.3 112 212 

40 to 60 .............................................................................................................................. 9.0 139 277 

60 to 80 .............................................................................................................................. 9.1 185 384 

80 to 100 ............................................................................................................................ 10.8 322 737 

Self Employed Filers 

0 to 20 ................................................................................................................................ 11.9 125 225 

20 to 40 .............................................................................................................................. 18.5 204 379 

40 to 60 .............................................................................................................................. 21.0 258 507 

60 to 80 .............................................................................................................................. 22.0 338 697 

80 to 100 ............................................................................................................................ 33.1 1,077 2,155 

Source IRS:RAAS:KDA:TBL (11–25–2024). 

(Authority: 44 U.S.C. 3501 et seq.) 

Melody Braswell, 

Treasury PRA Clearance Officer. 

[FR Doc. 2024–30074 Filed 12–18–24; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Proposed Collection; Requesting 

Comments on Tax-Exempt 

Organization Forms 

AGENCY: Departmental Offices, U.S. 

Department of the Treasury. 

ACTION: Notice. 

SUMMARY: The Internal Revenue Service, 

as part of its continuing effort to reduce 

paperwork and respondent burden, 

invites the public and other federal 

agencies to take this opportunity to 

comment on proposed and/or 

continuing information collections, as 

required by the Paperwork Reduction 

Act of 1995. The IRS is soliciting 

comments concerning forms used by 

tax-exempt organizations. 

DATES: Comments should be received on 

or before January 21, 2025 to be assured 

of consideration. 

ADDRESSES: Written comments and 

recommendations for the proposed 

information collection should be sent 

within 30 days of publication of this 

notice to www.reginfo.gov/public/do/ 

PRAMain. Find this particular 

information collection by selecting 

‘‘Currently under 30-day Review—Open 

for Public Comments’’ or by using the 

search function. 

FOR FURTHER INFORMATION CONTACT: 

Copies of the submissions may be 

obtained from Melody Braswell by 

emailing PRA@treasury.gov, calling 

(202) 622–1035, or viewing the entire 

information collection request at 

www.reginfo.gov. 

SUPPLEMENTARY INFORMATION: 

Internal Revenue Service (IRS) 

Title: U.S. Tax-Exempt Organization 

Return. 

OMB Number: 1545–0047. 

Form Numbers: Forms 990, 990–EZ, 

990–N, 990–PF, 990–T, 1023, 1023–EZ, 

1024, 1024–A, 1028, 1120–POL, 4720, 

5578, 5884–C, 5884–D, 6069, 6497, 

7203, 8038, 8038–B, 8038–CP, 8038–G, 

8038–GC, 8038–R, 8038–T, 8038–TC, 

8282, 8328, 8330, 8453–TE., 8453–X, 


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